Most of those cases are things like IMF loans, which are the predatory loans in the real sense. I forget which country, for example, that got a billion dollar loan at one point and after repaying for decades they still owed more than the original loan.
That part of the comment was something of a joke though, because it's not like the money is going into their official funds, but more like politicians pockets.
Most of those cases are things like IMF loans, which are the predatory loans in the real sense. I forget which country, for example, that got a billion dollar loan at one point and after repaying for decades they still owed more than the original loan.
That part of the comment was something of a joke though, because it's not like the money is going into their official funds, but more like politicians pockets.